VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Declares Monthly Dividend of $0.10

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) declared a monthly dividend on Monday, March 9th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 10th will be given a dividend of 0.1005 per share on Wednesday, March 11th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, March 10th. This is a 202.5% increase from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.03.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Down 0.8%

VictoryShares US Multi-Factor Minimum Volatility ETF stock traded down $0.47 on Tuesday, hitting $57.56. 7,582 shares of the stock traded hands, compared to its average volume of 7,337. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1 year low of $43.33 and a 1 year high of $58.93. The firm has a market cap of $164.05 million, a P/E ratio of 18.64 and a beta of 0.74. The business’s fifty day simple moving average is $57.34 and its 200 day simple moving average is $54.99.

About VictoryShares US Multi-Factor Minimum Volatility ETF

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.